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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 10. Department of Health |
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Chapter V. Medical Facilities |
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Subchapter A. Medical Facilities—Minimum Standards |
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Article 8. New York State Annual Hospital Report |
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Part 444. Description of Accounts |
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Balance Sheets |
Sec. 444.4. UNRESTRICTED FUND LIABILITIES
Latest version.
- [ 3130 ](a) CURRENT LIABILITIES.[ 3131 ](1) 2010NOTES AND LOANS PAYABLE2011Notes and Loans Payable — Vendors2012Notes and Loans Payable — Banks2013Current Portion of Long-Term Debt2019Other Notes and Loans PayableThese accounts reflect liabilities of the hospital to vendors, banks and others, evidenced by promissory notes due and payable within one year.(2) 2020ACCOUNTS PAYABLE2021Trade Payables2029Other Accounts PayableThe balance of these account must reflect the amounts due trade creditors and others for supplies and services purchased.(3) 2030ACCRUED COMPENSATION AND RELATEDLIABILITIES2031Accrued Payroll2032Accrued Vacation, Holiday and Sick Pay2033Other Accrued Salaries and Wages Payable2034Non-Paid Workers Services Payable2035Federal Income Taxes Withheld2036Social Security Taxes Withheld and Accrued2037State Income Taxes Withheld2038Local Income Taxes Withheld2039Unemployment Taxes Payable2041Accrued Hospitalization Insurance Premiums2042Union Dues Payable2049Other Payroll Taxes and Deductions PayableThe balances of these accounts reflect the actual or estimated liabilities of the hospital for salaries and wages payable, as well as related amounts payable for payroll taxes withheld from salaries and wages, payroll taxes to be paid by the hospital, and other payroll deductions, such as hospitalization insurance premiums. Non-Paid Worker Services Payable (account 2034) refers to amounts payable to Motherhouses, etc., for the services of nonpaid workers.(4) 2050OTHER ACCRUED EXPENSES2051Interest Payable2052Rent Payable2053Property Taxes Payable2054Fees Payable — Medical Specialists2055Fees Payable — Other2059Other Accrued Expenses PayableThese accounts include the amounts of those current liabilities that have accumulated at the end of the month or accounting period because of expenses, incurred up to that time.(5) 2060ADVANCES FROM THIRD-PARTY PAYORS2061Advances — Medicare2062Advances — Medicaid2063Advances — Blue Cross2069Advances — OtherInclude in these accounts liabilities to third-party payors for current financing and other types of advances due and payable within one year.Do not include liabilities to third-party payors arising from reimbursement settlements. Such liabilities must be included in account 2070 — Payable to Third-Party Payors.(6) 2070PAYABLE TO THIRD-PARTY PAYORS2071Reimbursement Settlement Due — Medicare2072Reimbursement Settlement Due — Medicaid2073Reimbursement Settlement Due — Blue Cross2079Reimbursement Settlement Due — OtherThese accounts reflect reimbursement settlements due to third-party payors. Separate sub-accounts may be maintained within each account for each year's settlement included.(7) 2080DUE TO OTHER FUNDS2082Due to Board-Designated Assets2083Due to Plant Replacement and Expansion Fund2084Due to Specific Purpose Fund2085Due to Endowment FundThese accounts reflect the amounts due to other funds by the Operating Fund. Under no circumstances should these accounts be construed as payables in the sense that an obligation external to the hospital exists.(8) 2090INCOME TAXES PAYABLE2091Federal Income Taxes Payable2092State Income Taxes Payable2093Local Income Taxes PayableInclude in these accounts the amount of current income taxes payable.(9) 2110OTHER CURRENT LIABILITIES2111Deferred Income — Patient Deposits2112Deferred Income — Tuition and Fees2113Deferred Income — OtherDeferred income is defined as income received or accrued which is applicable to services to be rendered within the next accounting period and/or the current year's effect of deferred income items classified as non-current liabilities. Deferred income applicable to accounting periods extending beyond the next accounting period should be included in accounts 2120-2140 (Deferred Credits and Other Liabilities) or in account 2270 (Other Non-Current Liabilities).2114Dividends Payable2115Current Maturities of Long-Term Debt2116Intercompany Indebtedness, Current2117Construction Retention Payable2118Construction Contracts Payable2119Other Current LiabilitiesInclude in these accounts the amount of Operating Fund current liabilities for which special accounts have not been provided elsewhere, including bank overdrafts.(b) DEFERRED CREDITS AND OTHER LIABILITIES.[ 3132 ](1) 2120DEFERRED INCOME TAXES2121Deferred Taxes Payable — Federal2122Deferred Taxes Payable — State2123Deferred Taxes Payable — Local(2) 2130DEFERRED THIRD-PARTY REVENUE2131Deferred Revenue — Medicare2132Deferred Revenue — Medicaid2133Deferred Revenue — Blue Cross2139Deferred Revenue — OtherThese accounts reflect the effects of any timing differences between book and tax or third-party reimbursement accounting.(3) 2140OTHER DEFERRED CREDITSThis account should reflect all deferred credits not specifically identified elsewhere.(c) LONG-TERM DEBT.[ 3133 ]2210Mortgages Payable — FHA2220Mortgages Payable — Other2230Construction Loans2240Notes Under Revolving Credit2250Capitalized Lease Obligations2260Bonds Payable — Taxable2270Bonds Payable — Tax Exempt2280Intercompany Indebtedness, Non-current2280Other Non-current LiabilitiesThese accounts reflect those liabilities that have maturity dates extending more than one year beyond the current year-end.(d) BOARD-DESIGNATED LIABILITIES.[ 3134 ](1) 2480DUE TO OTHER FUNDS2483Due to Plant Replacement and Expansion Fund2484Due to Specific Purpose Fund2485Due to Endowment FundThese accounts reflect the amounts due to other funds by Board-Designated Assets.